In a country where over 80% of the people have problems on their credit report, it’s amazing that people continue to ask this question. Let’s begin this discussion by answering a popular question that still circulates around the country when it comes to credit repair.
Is credit repair legal?
Credit repair is totally legal. It’s the scams and shady business practices that have gone on for years by so-called credit repair companies that are illegal.
Credit repair and maintaining good credit is such an important part of our lives, the United States government has passed several laws designed to protect you and regulate the credit repair industry. So no it is not illegal. The government has passed laws designed to protect consumers from the con artists who scheme off people with credit problems and make a bad name for the entire industry.
Rather than outlaw credit repair as a whole, government officials instead have chosen to regulate the industry, since credit repair is such a vital and needed service to millions of Americans every year.
As citizens in the United States, we all have legal rights pursuant to the Fair Credit Reporting Act, the Fair Credit Billing Act, Truth in Lending Act, and Fair Debt Collection Practices Act, as well as several other applicable Federal statutes.
Although some companies would like to have you think otherwise, there is absolutely nothing illegal about disputing questionable items on your credit report, or attempting to improve your credit scores. In fact, it is your explicit right by law to do so.
Though you can do it yourself, credit repair is not easy to accomplish on your own. It’s very time consuming. At times it can make you feel frustrated, and sometimes you may not even be aware of what you can and cannot do when it comes to fixing your credit.
Most of us have written at least a few letters to a credit bureau in the past, attempting to fix past credit problems. Sometimes it worked, most times it probably didn’t. Effective credit repair involves a lot more than writing a few letters. For most people, once they realize this, they give up.
After working for years in the real estate industry, we started our company back in 2001 upon noticing numerous people in desperate need of credit repair help but wanting to avoid being scammed out of hundreds, or even thousands of dollars in the process. We designed a way to help our clients resolve their own credit problems in as little as 3-6 months without having to invest tons of money in the process.
It doesn’t matter if you want to buy a home, get approved for a loan, get a better job, or anything else, the techniques we discuss with our clients are designed to do one thing and that’s teach you how to fix your credit and raise your credit scores so that you can move forward with life and take your financial dreams to the next level.
Don’t sit there with bad credit for the next 7 to 10 years when you can resolve your credit issues in three to six MONTHS??
That’s what we at Infiniti Financial aim to do. Check out our services. Give us a call if you ever need, or compare us to any other company in the industry.